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Reduced IT costs


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Lithuania is the southernmost of the three Baltic States - and the largest and most populous of them. Lithuania became a member state of the European Union on 1 May 2004.

Lithuania has grown on average 8% per year over the last four years, driven by exports and domestic consumer demand. (CIA World Fact book).

In 2008 Lithuania had more than 210 thousands students whereof around 4 400 IT specialists studied in five Lithuanian Universities and about 800 of them were proceeding to Master of Science degree. Lithuania has a highly competent labor market, despite that; human resources are comparatively low-cost.

Average annual salary of system administrator is 19 000 EUR, average salary of programmer of 16 000 EUR. To compare how much can be won by choosing Lithuanian company to outsource your IT services, annual salary rates are provided below.

 
Reduced IT costs

EU salary rates
Source: Hay Group, 2008

                              

This is one of main factors, why CSC, IBM and Tieto have already established their competence centers in Lithuania.

Some facts about Lithuania are worth mentioning:

  • European business ethics
  • Quality conscious
  • Service languages: Lithuanian, English, Russian
  • Perception and understanding of cultural mentality of eastern neighbors (Russia, Ukraine, Belarus).
To read more about Lithuania, click HERE.

Lithuania is a good choice for those companies, which aim to reduce IT costs while saving the same or receiving higher service quality.

To read more about our IT services, click HERE.

 

 


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